age of conan gold new investment targets for bond investors - PHK

Product innovation for advancing the bond market, new investment targets for bond investors aoc gold, on 1-10 in the index limited will be released on March 20 year Treasury bond index. 　　The index from the interbank market to select the remaining term between 1 to 10 years and strong liquidity, the large debt composition of samples. Card 1-10 debt meansIndex index was designed to highlight the number of requirements of the product standard. First, the index key liquidity of the study sample, according to the domestic bond market to the actual situation, ensuring that selected for the sample as a whole have relatively high levels of liquidity. Second, the sample index is large, the remainder beyond 1 to 10 tera power leveling, mainstreaming of covered bonds transaction active. Third, the combination of index sample length, Moderate index portfolio duration, at between 4 and 5, relatively flexible to manage. 　　IV, for ease of operation age of conan gold, index of sample size is not fixed, it is more beneficial for a sample copy. Programme according to published indices, the index base date is December 31, 2007, bps is 100 points. As of February 23, 2012, card 1121.01-10 Bond Index closed sites, representing fell slightly in early, than the base date rose 21.01%; index of yield to maturity for 3.25%, fixed duration is 4.68.